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HedgeUp (HDUP) Mirrors the Success of Aptos (APT) and Dogecoin (DOGE), Analysts Call It ‘Low-Hanging Fruit’

13 June 2023
in DOGE
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HedgeUp (HDUP) Mirrors the Success of Aptos (APT) and Dogecoin (DOGE), Analysts Call It ‘Low-Hanging Fruit’
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Since before its launch last year, Aptos raised eyebrows and brought in millions in seed capital. Right now, Aptos seems to have all the pieces in place and doing everything right.

Dogecoin is a long-running blockchain that has enjoyed more than its fair share of time in the limelight. It has successfully built a deep community during that time and is one of the most popular coins in crypto.

For many reasons, HedgeUp (HDUP) appears to be a project that will experience the same success that Aptos (ATP) and Dogecoin (DOGE) have shown. It has the breadth and utility of Aptos and is pulling together the community reminiscent of Dogecoin.

Aptos (APT)

Aptos is built to do everything Ethereum does, only better. It is a Layer 1 blockchain that hosts smart contracts and dApps like Ethereum. However, it has done a much better job of handling the blockchain trilemma.

Aptos can handle 150,000 transactions per second (TPS), compared to Ethereum’s fifteen-ish TPS. It has its own coding language and is built from the ground up for future scaling.

All of this functionality has had investors getting in line since Aptos’ ICO last year. The project has repeatedly delivered on expectations and even now is taking the stairs up while so many other protocols are taking the escalator down.

Dogecoin (DOGE)

The original meme coin is known for its community. Dogecoin (DOGE) has been around for a long time and has seen all the highs and lows that crypto has gone through. Even though now is one of those lows, the project is holding onto its community while lesser blockchains have gone the way of the dodo.

While Dogecoin (DOGE) was an established cryptocurrency years before, much of its success came from the attention of Elon Musk. The billionaire caused DOGE to skyrocket in 2021 and gave it some utility by accepting it as legal tender at SpaceX and Tesla.

HedgeUp (HDUP)

Even newer than Aptos, HedgeUp (HDUP) is still in prelaunch. Like Aptos, HedgeUp (HDUP) has won the attention of retail investors and venture capitalists before going live. This is due to its unique spin on decentralized finance (DeFi).

Instead of mimicking traditional financial services, HedgeUp (HDUP) will be dealing in the nontraditional. By tokenizing luxury items such as artwork and jewelry, HedgeUp (HDUP) will give retail investors the opportunity to diversify their portfolios.

HedgeUp’s (HDUP) NFT marketplace will provide asset-backed NFTs that act as fractional ownership of the items behind them. Holders of the HDUP token will also have access to a wide variety of other benefits. They will be able to vote through the HedgeUp DAO, take advantage of investing masterclasses, and own space in the HedgeUp (HDUP) metaverse.

With HedgeUp’s (HDUP) spin on DeFi and the many use cases of the HDUP token, hundreds of investors per day are joining the community. Like Aptos, HedgeUp (HDUP) is blowing through its presale with HDUP going from $0.009 to $0.036 in less than two months. So, backing HedgeUp truly is picking the low-hanging fruit.

For more information about HedgeUp (HDUP) presale use the links down below:

 

Credit: Source link

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Tags: AnalystsAPTAptosCallDOGEDogecoinFruitHDUPHedgeUpLowHangingMirrorsSuccess
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